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- LoopNet Team
3022 Chapel Hill Rd
Douglasville, GA 30135
Jason's Deli: Douglasville, GA · Retail Property For Sale
PROPERTY FACTS
Amenities
- Restaurant
- Air Conditioning
About 3022 Chapel Hill Rd , Douglasville, GA 30135
TENANT: Deli Management, Inc, the corporate parent of Jason’s Deli (founded: 1976), is a premier fast-casual deli restaurant chain headquartered in Beaumont, Texas which is valued at $1.2B. Jason’s Deli boasts more than 275 locations across 28 states and the District of Columbia, and employs more than 7,400 people. Jason’s Deli began franchising in 1988, although the parent company, Deli Management, Inc., currently owns the majority of the deli restaurants. The company ranked in the top 5 of QSR Magazine’s 2018 QSR 50 for average sales per unit ($2.566M). LONG-TERM NET LEASE WITH RENT ESCALATIONS: Jason’s Deli’s newly-executed 15-year ground lease features 15 years of primary term remaining and includes 10% rent escalations every 5 years during the initial term and in each of the four 5-year renewal options. BRAND NEW CONSTRUCTION: This location is currently under development and will be constructed to Jason’s Deli’s newest prototype which includes a drive thru lane. The new construction and store concept demonstrate Jason’s Deli’s long-term commitment to the site. EXCELLENT ACCESS & VISIBILITY: The property is ideally located with excellent access and visibility on Chapel Hill Road (19,700 VPD), just south of the exit ramp for I-20 (105,000 VPD) which provides direct access to Downtown Atlanta (22 miles to the east). STRATEGIC LOCATION: Jason’s Deli is an outparcel to the 100% occupied Village at Chapel Hill which is home to ALDI, LA Fitness, Yogli Mogli and a concentration of local retailers and small businesses. The 369,247-square-foot Douglasville Pavilion is also just 0.3 miles north of the site and is occupied by Target, Big Lots!, Marshalls, Michaels, Ross Dress for Less, Shoe Carnival, Kirkland’s, PetSmart, Pier 1, Party City, Five Below, Dollar Tree, OfficeMax and Panera, among many others.
PROPERTY TAXES
Parcel Numbers |
Multiple
|
Improvements Assessment | $1,074,040 |
Land Assessment | $646,400 | Total Assessment | $1,720,440 |
PROPERTY TAXES
- 7015-00-4-0-220
- 7015-00-4-0-215
Learn More About Investing in Retail Properties
Listing ID: 16840830
Date on Market: 8/7/2019
Last Updated:
Address: 3022 Chapel Hill Rd, Douglasville, GA 30135
The Retail Property at 3022 Chapel Hill Rd, Douglasville, GA 30135 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.